Commercial Real Estate Pro Network
Commercial Real Estate Professionals who work with Investors, Buyers and Sellers of Commercial Real Estate. We discuss todays opportunities, problems & solutions in Commercial Real Estate.
info_outline BIGGEST RISK with Matt Ricciardella 06/15/2021
BIGGEST RISK with Matt Ricciardella I think, for me personally, in what we do, by far, the largest risk is overpaying for an asset. You could take a good investment and make it a poor one, by paying the wrong price. Or vice versa, you could take a mediocre investment and make it a wonderful one by paying the right price. So we focus diligently on not overpaying. And the way we do that.
info_outline Commercial Real Estate Deals Partners and Markets with John Stoeber - CRE PN #304 06/10/2021
Commercial Real Estate Deals Partners and Markets with John Stoeber - CRE PN #304 Today, my guest is John Stoeber. John uses his background in finance to build financial models and analyze multifamily properties from a number of different perspectives. He currently owns and operates 34 apartments in Little Rock, Arkansas, and is looking for deals in growing markets. And in just a minute we're going to speak with john about partners deals in the skill set you need to do your first deal.
info_outline BIGGEST RISK with John Stoeber 06/08/2021
BIGGEST RISK with John Stoeber Right now, I still think COVID. And just the environment we're in is the biggest risk, especially if you're dealing with C class properties, you tend to deal with residents who are on the lower end of the socio economic scale. So these are the people that you know, their servers, waitresses, receptionist, they actually have to go into work. So if there's a shutdown, like, they're not going into work, or if they get COVID, like, and they may not have a job anymore. So I think that is a huge risk,
info_outline Silicon Valley Opportunity Zone with Erik Hayden - CRE PN #303 06/03/2021
Silicon Valley Opportunity Zone with Erik Hayden - CRE PN #303 Today, my guest is Erik Hayden. Erik is the founder of Silicon Valley based urban catalyst, named by Forbes and Sorenson impact Center has a top 10 opportunity's own fund. And in just a minute, we're going to speak with Erik about opportunity's own funds, and the potential for investors in the next 10 years.
info_outline BIGGEST RISK with Erik Hayden 06/01/2021
BIGGEST RISK with Erik Hayden Every investor should ask whenever they invest into a property or a fund is what is the risk versus return because that's what matters when you're looking to make your investments. When you look at ground up real estate development, which is really what urban catalyst is, you really have to compare it to a group that goes out and buys existing stabilized real estate assets. Because you have a much better idea of what you're getting into, if you're buying an asset that has a tenant, it has a cash flow,
info_outline Commercial Real Estate Operator Risk with Mike Zlotnik - CRE PN # 302 05/27/2021
Commercial Real Estate Operator Risk with Mike Zlotnik - CRE PN # 302 Today, my guest is Mike Zlotnik. Mike is known in real estate circles is Big Mike, due to his stature. But more importantly, He is known for his personal integrity, and for having a keen understanding of the financial aspects of successful real estate investing. Mike is the CEO of TF Management Group, LLC, and is a real estate fund manager. And in just a minute, we're going to speak with Mike about the best commercial real estate investing opportunities coming out of COVID-19.
info_outline BIGGEST RISK with Mike Zlotnik 05/25/2021
BIGGEST RISK with Mike Zlotnik Three, three ways to manage to kind of risk avoided. mitigate it and obviously transferred. I when I grew up being a mathematician, so we've looked at risk too. And I've learned there's two elements to risk. Number one, it's likelihood. Number two is impact. So what what I do is I look at risks and try to figure that figure that out. So likelihood, and impact are the two key variables that drive all the decisions.
info_outline How to Protect your Commercial Real Estate Assets with Jonathan Feniak - CRE PN #301 05/20/2021
How to Protect your Commercial Real Estate Assets with Jonathan Feniak - CRE PN #301 Today, my guest is Jonathan Feniak. Jonathan is an attorney and partner at Colorado LLC attorney.com. In his position, he helps business owners at nearly every level in nearly every industry with asset protection, estate planning and business formation. And in just a few minutes, we're going to speak with Jonathan about asset protection, and how to keep your assets.
info_outline BIGGEST RISK with Jonathan Feniak 05/18/2021
BIGGEST RISK with Jonathan Feniak I think the biggest risk is failing to budget for asset protection. When you are an owner of commercial real estate, you know the numbers you know how much it's going to cost you for your your garden or how much it's going to cost you if you're if you're including the heat, how much it's going to cost you and to budget for all of these things to figure out what the cash flow is going to be on on the business and I think you need to budget for asset protection.
info_outline California Multifamily Real Estate Developer Scott Choppin - CRE PN #300 05/13/2021
California Multifamily Real Estate Developer Scott Choppin - CRE PN #300 Today, my guest is Scott chop and Scott is the CEO and founder of the Urban Pacific Group of Companies along the Long Beach, California based real estate development company, founded in 2000. They focus exclusively on workforce rental housing communities throughout California. And in just a minute, we're going to speak with Scott about multifamily opportunities for workforce housing in California.
info_outline BIGGEST RISK with Scott Choppin 05/12/2021
BIGGEST RISK with Scott Choppin Yeah, no, great question. You know, like I mentioned, when we before we began the interview, like real estate development, and you could say a real estate investment really is entirely a risk mitigation, you call that minimize? So I'd say squarely in the in the middle there. Really, at the end of the day, you know, investing and development are a risk you like there require risk to be taken to produce these returns that we're describing.
info_outline Military Base Becomes Regional Economic Opportunity with Eric Voyles - CRE PN # 299 05/06/2021
Military Base Becomes Regional Economic Opportunity with Eric Voyles - CRE PN # 299 Today, my guest is Eric foils. Eric is the Executive Vice President and Chief Economic Development Officer of Tex America Center, which operates one of the largest mixed use industrial parks in the United States. in Texarkana, Texas. And in just a minute, we're going to speak with Eric about the COVID effect and the opportunities created from COVID in rural markets in an in an industrial and flex space properties. And, but be first.
info_outline BIGGEST RISK with Eric Voyles 05/04/2021
BIGGEST RISK with Eric Voyles I'm looking at it from the perspective of my clients, you know, the people I work with their biggest risk is potential for failure. And if you fail, when you expand many times you drag your entire company down with you. And so I always try to help people understand that not only is being in charge of an expansion if you're in a larger company, a potential career limiting assignment.
info_outline Homeowner Equity Agreement with Matt Sullivan - CRE PN #298 04/29/2021
Homeowner Equity Agreement with Matt Sullivan - CRE PN #298 Today, my guest is Matt Sullivan. Matt is the founder and full time Chief Executive Officer of quantum Mari, a serial entrepreneur. He's the founder of crowd venture.com, and a co founder of two real estate funds. And in just a minute, we're going to speak with Matt about how a home equity agreement works and what it can do for you.
info_outline BIGGEST RISK with Matt Sullivan 04/27/2021
BIGGEST RISK with Matt Sullivan Well, I think the answer is relatively straightforward, because from an investor's perspective, it's a real estate investment. It's an equity investment. And so the risk to the investor is that the value of the underlying real estate decays to the point where they no longer have an interest because their equity interest has been reduced.
info_outline Data Helps Investors Realize Commercial Real Estate Success with Rich West - CRE PN #297 04/22/2021
Data Helps Investors Realize Commercial Real Estate Success with Rich West - CRE PN #297 Today, my guest is Rich West. Rich is the general manager at Lightbox, where he oversees their lender and valuation business. Prior to joining Lightbox, he spent 13 years at CBRE. Most recently running the Americas valuation business, the largest valuation firm in the world. And in just a minute, we're going to speak with rich about lending volume trends and commercial property tech tools like light box valuation.
info_outline BIGGEST RISK with Rich West 04/20/2021
BIGGEST RISK with Rich West Okay, so the biggest risk for me and I'm going to come at this from my years of experience, looking at buildings, right? And, and living through the, you know, the 2007 2009 era, living through this era. biggest risk in my mind is not talking to your tenants and understanding what your tenants are doing. What what your tenants mindset is how your tenants business is doing? Because in the end, that's really what drives virtually all value is what the heck, what value is the tenant getting out of the space?
info_outline Investor Focused Commercial Real Estate Opportunities with Ari Rastegar - CRE PN #296 04/15/2021
Investor Focused Commercial Real Estate Opportunities with Ari Rastegar - CRE PN #296 Today, my guest is Ari Rastegar. Ari is the founder and CEO of Rastegar Property Company has earned a reputation as a thought leader in real estate with his innovative technology driven investment strategies. And in just a minute, we're going to speak with Ari about opportunities that Biden's sustainability initiatives will bring.
info_outline BIGGEST RISK with Ari Rastegar 04/13/2021
BIGGEST RISK with Ari Rastegar The biggest risk is ego, always to me, you know, and I say that in whatever instance that you're working on, you know, as you know, whether as a CEO, as a father as a husband, you know, early in my career, and I'd like to, I'd like to believe that I've improved on this a little bit. I don't know if my wife would agree with me entirely at home. But, but but the key is looking for the right answer.
info_outline Commercial Real Estate Investor Hustle with Joe Bell - CRE PN #295 04/08/2021
Commercial Real Estate Investor Hustle with Joe Bell - CRE PN #295 Today, my guest is Joe Bell. Joe is a real estate and wealth expert coach. He's been featured as one of Alaska's 30 nines. He's top 40 under 40. And Joe Bell is an expert in helping real estate professionals build legacy, retirement and wealth. He's the founder of Legacy Beyond Listings, and the author of Assets, Acquisitions and Abundance. And in just a minute, we're going to speak with Joe about how to focus on your market, build your team, and create real wealth and freedom in your real estate business.
info_outline BIGGEST RISK with Joe Bell 04/06/2021
BIGGEST RISK with Joe Bell you know, the biggest risk is to get to that point and stop learning, stop progressing, stop evolving, both as an investor and as a human. You know, so that that, to me is one of the biggest risks outside of all your general pitfalls that typical new investors run into and, you know, trying to trying to do stuff before they really know what they're doing and that sense.
info_outline Eliminate Limiting Beliefs to Grow Commercial Real Estate Portfolio with Ketan Patel - CRE PN #294 04/01/2021
Eliminate Limiting Beliefs to Grow Commercial Real Estate Portfolio with Ketan Patel - CRE PN #294 Today, my guest is Keaton Patel. He is a high performance coach who helps motivated real estate entrepreneurs create more income and impact by aligning their thoughts, emotions and actions.
info_outline BIGGEST RISK with Ketan Patel 03/30/2021
BIGGEST RISK with Ketan Patel I do underwrite deals, conservatively, a very, very conservative outlook. So for me, the biggest risk is not getting the variety of investments to my investors, I work with one or two sponsors, I really, really limit everything because I just don't see the quality deals out there in the market that meets the criteria I want them to meet. So for me, the biggest risk has been finding additional sponsors that are you know, giving a little bit more variety to the business and to to minimize it.
info_outline Public Adjuster or Insurance Company Adjuster with Mike Fried - CRE PN #293 03/25/2021
Public Adjuster or Insurance Company Adjuster with Mike Fried - CRE PN #293 Today, my guest is Mike Fried. Mike is the president of all American public adjusters licensed and appointed Insurance Claim consulting firm and Aftermath Consulting Group, a large loss consulting firm, he has extensive experience as an independent adjuster.
info_outline BIGGEST RISK with Mike Fried 03/23/2021
BIGGEST RISK with Mike Fried For me and our company, its liability. We don't have the ability to make a mistake. We have to be forensic. And we have to get everything right the first time, there's really no going back to the well for us, especially if we get something wrong. So we constantly educate ourselves with certifications with continuing education really means specifically, its liability against making mistakes. And the biggest mistake we have oftentimes is communication, where either we communicate too much,
info_outline Raising Capital for Real Estate with Dave Dubeau - CRE PN Radio #292 03/18/2021
Raising Capital for Real Estate with Dave Dubeau - CRE PN Radio #292 Today, my guest is Dave Beau Dave is a real estate entrepreneur, best selling author, speaker and investor attraction expert based in beautiful British Columbia, Canada.
info_outline BIGGEST RISK with Dave DuBeau 03/16/2021
BIGGEST RISK with Dave DuBeau So the biggest risk is staying stuck. That's the biggest risk, right? Just trying to sell finance your deals and not growing your portfolio because you're not going to achieve what you wanted to real estate in the first place. Okay? So beyond beyond the hoody, Flutie whoo, whoo, kind of big risks. The tangible risks, the biggest tangible risk I see with people when it comes to raising capital is crossing the line with the Securities and Exchange Commission or your your local authority.
info_outline Boise Ground Up Construction Multifamily Investor Returns with Shannon Robnett - CRE PN #291 03/11/2021
Boise Ground Up Construction Multifamily Investor Returns with Shannon Robnett - CRE PN #291 Today my guest is Shannon Robnett. And for the last 40 years, he lived in Boise, Idaho. He's been building and developing there for over 25 years. And two years ago, he moved to Puerto Rico for tax purposes, but still has three companies in Boise. And in just a minute, we're going to speak with Shannon about the benefits of new multifamily ground up construction.
info_outline BIGGEST RISK with Shannon Robnett 03/09/2021
BIGGEST RISK with Shannon Robnett I think in my business, the biggest risk is having the wrong people in the right places. You know, you talk about risk transfer. You know, I've always found that when I, when I'm looking for a property management solution, I need something that's customized to me that that is looking after my property like it's an asset. And so I could do that. And I could make that happen. And I could, I could become a pseudo property manager. But why not go find the best property manager?
info_outline How You Can Make Passive Income from Land with Brent Bowers - CREPN #290 03/04/2021
How You Can Make Passive Income from Land with Brent Bowers - CREPN #290 Today, my guest is Brent Bowers. Brent was an army officer spending way too much time away from home. And he knew he needed to make some changes. And that is when he found land and the ability to create a passive income with land. And in just a minute, we're going to speak with Brent about how to build passive income through land. That gives you a life that allows you to do what you actually want to do.